The announcement of British Steel's deal to supply rail for Turkey's Ankara–İzmir high-speed railway has reignited a debate about the importance — and the future — of steelmaking in the UK. The eight-figure contract with ERG International Group is a commercial win, but it has also prompted a broader conversation about what it would mean to lose the capability that produced it.
British Steel, at...
India's crude oil diversification strategy demonstrated its effectiveness in 2025, maintaining overall energy supply levels despite significant declines in Russian imports. While US crude imports to India increased by 65.6% to $8.2 billion during April-December 2025, Russian crude imports fell by more than 17%, declining from $40 billion to $33.1 billion in the same period.
December 2025 import data shows successful diversification in practice. Although...
The UK construction industry is weighing the benefits of Chinese import materials as trade volumes surge. May's 16.1% export increase includes construction materials, equipment,...
Global stock markets remained subdued on Monday, largely shrugging off an initial spike in oil prices that occurred over the weekend. This cautious stance...
Global economic jitters are palpable, with the Organization for Economic Co-operation and Development (OECD) downgrading its growth projections, reflecting mounting fears over the ongoing...
In a significant policy announcement on Friday, Donald Trump revealed a doubling of foreign tariffs on steel imports to 50%, while also celebrating a...
